St. Paul daily globe., 1887-06-24
The Bondsmen Of Two of the Fidelity
Bank Officials at Cincinnati
Give Them Up.
Being Unable to Obtain New Sureties
They Are Promptly Put Be-
hind the Bars.
Joe Wiltshire, the Broker, Arrested
For Completely in the Gigantic
Financial Swindle.
Jake Sharp's Trial---A Mississippi
Lynching----General Crimi-
nal Intelligence.


Trenholm, comptroller of the currency.
who arrived here to-day, was Interview
ed this evening regarding the Fidelity
bank affair. His supicions had first
been aroused in April last, when he dis
covered that the Fidelity had reserve
accounts of eighty country banks, and
that the indebtneSS to other banks was
very large. When notice of the ap
parent connection of the bank with the
Chicago wheat deal was first given in
the press a local examiner was di-
racted to remain in Gin
cinnati and be ready to
act. This was done when checks were
protested in New York. A receiver
has not been appointed, but will be by
Trenholm. No definite statement of
the banks affairs can lie made till after
the receiver takes charge. The govern
mes& had acted as soon as there was
tangible evidence of wrong doing. The
sensational feature of to-day's proceed
ingS was the surrender late this after
by their bondSmen. Desperate
efforts have been made by
them tonight to get new bonds
men. but at late hour they were
unsuccessful. This evening j. w.
Wiltshire, the broker who took the
checks of the Fidelity block to Chicago
to try and hold up the market, was also
arrested, charged with aiding wiIlful
and unlawful lmiSappropriations OF the
funds of the bank. He gave bonds in
$50, 900. The board of directors Of the
chamber Of commerce at meeting
| to-day appointed a committee OF
three to investigate runners of
unmercantile conduct on the part of E.
| l.. Harper, Ammi Baldwin, Benjamin
E. Hopkins and others connected with
the Fidelity bank, and to prefer charges
against them in case the proof warrants
such proceeding The chairman Of tie
committee. Mr.. Goodale, asks for any
information pertinent to the matter from
any source.
TIE CHICAGO BANK ALL RIGHT. 's
CHICAGO, June 23.-The clearing
house committee held meeting this
| OF the American Exchange bank affairs.
! The bank presidents are also said to
! have met. and after looking Owe the
banks statements, were entirely salts
fed that it was solvent and decided to
render it any assistance that it might
need. The bank paid its clearing house
balance this morning, and was able to
attend to all its business as usual. The
BANKS losses by the closing OF the Gin
cindati Fidelity bank are stated on good
authority at sos, ,GG0, the claims against
the Fidelity being regarded as next to
worthless.
| AT WASHINGTON.
WASHINGTON, June 23.-At the Office
of the comptroller of the currency it is
said that no instructions have been sent
to Cincinnati for the arrest of officers of
the Fidelity National bank. beyond the
general instructions sent TO the exam
iner there to take every precaution to
prevent the escape OF any officers who
may be crininally guilty. 1t Is CUSTOM
ary for the bank examiners i'll such cases
to associate themselves with the district
attorney. whose duty it is TO secure the
necessary arrests. The only late infor-
nation received at the department from
| Cincinnati is that the examiner is max
ing satisfactory progress with his report.
Jake Sharp's Trial.
New YORK, June 23.-IIalf-past Q
came this morning in the court of oyer
and terminer, and with it came Judge
Barrett, who was anticipated few min-
uteS by Lawyer Parsons. Then came
Jacob Sharp, Il cheap blue japanese fan
in his hand, and his grandchild, Rena,
| at MS SlCe. ana IOllOWlilS was capt.
Billy Ricketts, with his weli-drilled
squad of jurors. Mr.. Foote. of the First
National bank resumed the stand to tell
of the dealing with Aid. Farley in Jan
uary, 1885. He said that this man came
and asked the price of United States
registered AZ per cent. bonds. He told
him the price, which came to something
over $4,000 with the premiums. lie paid
for the bonds in bills of large denomina-
tions, taking them from his vest pocket.
A number of witnesses was put OH the
stand to prove that the alderman came
into possession of 81 ,0G0 bills as soon as
the Broadway bill was passed. The
prosecution then tried TO have the testi-
mOny of Sharp before the senate inves-.
tigating committee read. but the defense
objected, and long discussion ensued.
At its conclusion Judge Barrett decided
to admit the testimony. The assistant
district attorney then read from the YER
batim report at considerable length.
Some further oral testimony was also
taken, but nothing new was brought
| out